Comments on: US unemployment jumps as handout high wears off https://asiatimes.com/2024/08/us-unemployment-jumps-as-handout-high-wears-off/ Covering geo-political news and current affairs across Asia Mon, 05 Aug 2024 07:52:42 +0000 hourly 1 By: Darwin https://asiatimes.com/2024/08/us-unemployment-jumps-as-handout-high-wears-off/comment-page-1/#comment-1234677 Sun, 04 Aug 2024 00:26:06 +0000 https://asiatimes.com/?p=768080#comment-1234677 In reply to balhamdy.

“Invest wisely” means investing in the places that can give them the best return. Not the places that can actually help the public.

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By: balhamdy https://asiatimes.com/2024/08/us-unemployment-jumps-as-handout-high-wears-off/comment-page-1/#comment-1234628 Sat, 03 Aug 2024 17:59:17 +0000 https://asiatimes.com/?p=768080#comment-1234628 In reply to Ghislain.

Good point. Chinese subsidies are publicly owned enterprise profits — reinvested in strategic industries. Subsidies in the name of COVID made rich people immensely richer. But they did investe it wisely, so back to the drawing board. Hope they get it right this time around.

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By: balhamdy https://asiatimes.com/2024/08/us-unemployment-jumps-as-handout-high-wears-off/comment-page-1/#comment-1234627 Sat, 03 Aug 2024 17:50:46 +0000 https://asiatimes.com/?p=768080#comment-1234627 Transfer to individuals? I do not know of any individual receiving any extra money from the government. COVID related unemployment and business closure subsidies expired ling time ago. I am curious if anyone knows what subsidies to individuals are still in place? Or have not been stopped by 2022?

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By: Ghislain https://asiatimes.com/2024/08/us-unemployment-jumps-as-handout-high-wears-off/comment-page-1/#comment-1234515 Fri, 02 Aug 2024 17:55:43 +0000 https://asiatimes.com/?p=768080#comment-1234515 …and they accuse China of subsidizing their economy! What a joke.

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